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Office Building with Sawtooth Design
For Lease
$21.50 SF/Yr

1 Gatehall Drive, Parsippany, NJ 07054

Multi-level office building with corner offices, card access security, 24/7 management, and ample parking on-site.

Space Size993 SF - 10,551 SF
Property Size114,000 SF
Days on Market93

Property Features for 1 Gatehall Drive

General Information

Standard status Active
Size 993 SF - 10,551 SF
Property subtype Office
Lease Term + TE

Building Details

Building Size 114,000 SF
Stories 4

Spaces For Lease

at 1 Gatehall Drive Contact us

Suite 107 $24.50/SF/Yr

Size
10,551 SF
Term
Negotiable
Contact us

Suite 306 $24.50/SF/Yr

Size
6,627 SF
Term
Negotiable
Contact us

Suite 309 $21.50/SF/Yr

Size
993 SF
Term
Negotiable
Contact us

Suite P009 $23/SF/Yr

Size
4,868 SF
Type
Office Building
Term
Negotiable
Contact us
Listed By: Robert E. Lee
Source: Lpc
Added: Jun 2 Changed: Sep 1 Last Checked: Sep 1 at 4:04PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Robert E. Lee

Investment Insights

Based on property information with market context.

One Gatehall Drive is a multi-level office building designed to support productive, efficient workspaces. The architecture includes three levels of balconies and a saw-tooth configuration that helps create multiple corner offices per floor. The property also features a full suite of on-site amenities, including an on-site building engineer and property manager with 24/7 access, a state-of-the-art card access security system, a conference room, and a fitness center with lockers, showers, and restrooms. Additional conveniences include a landscaped exterior seating area off the plaza and available storage space for tenants. Connectivity is available through Verizon Fios and Optimum Lightpath Cablevision.

The location places the property in the heart of Morris County at a major intersection with direct access to I-80, I-287, Rt 10, and Rt 202. Nearby are restaurants, shopping centers, hotels, and banks, including multiple hotel options within a short drive and Residence Inn next door within walking distance.

With 3.5 parking spaces per 1,000 square feet and a freshly paved lot, the building is well-suited for office users seeking a secure, amenity-rich environment and straightforward day-to-day access for staff and visitors. Storage availability, conference space, and dependable cable connectivity add practical value for businesses looking for a polished, well-managed office setting.

Key Highlights

  • Multi‑level office building with three levels of balconies and a saw‑tooth design
  • Multiple corner offices per floor for added workspace variety
  • State‑of‑the‑art card access security system plus on‑site Building Engineer and 24/7 Property Manager

Property Analytics

Current Use

CrownPoint Development Group Construction Company Amber Wolf Insurance Agency Clausen Miller PC: ... Law Firm Blake Fielding Insurance Agency FNT Solutions Inc. (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Hair Salon Dental Office Nail Salon Building Supply Spa & Massage Center HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$3.23 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

933
Businesses Nearby

Demographics for 07054, NJ

30,228
Population
12,497
Households
2.4
Avg Household Size
41
Median Age
61%
College-Educated
93%
High-School Grad
13.8 sq mi
ZIP Area
2,190
Density / Sq Mi
$107,955
Median Household Income
$69,061
Median Earnings
$1,725
Median Rent
$569,000
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Multi-level office building with corner offices, card access security, 24/7 management, and ample parking on-site.
Where is this office building located?
The property is located at 1 Gatehall Drive Parsippany, NJ.
What is the lease rate?
The lease rate is $21.50 SF/Yr.
What are key features of this property?
This property features: Multi‑level office building with three levels of balconies and a saw‑tooth design; Multiple corner offices per floor for added workspace variety; State‑of‑the‑art card access security system plus on‑site Building Engineer and 24/7 Property Manager
More about this property
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